Category: Gold and Silver 2012
The analysis published under this category are as follows.Thursday, January 05, 2012
Silver Eagle & Maple Leaf Sales Up As Supply Slips / Commodities / Gold and Silver 2012
For the first time in history, Silver Eagle & Maple Leaf sales will surpass domestic silver production in the U.S. and Canada in 2011
The demand for American Silver Eagles and Canadian Maple Leaf coins has increased tremendously over the past several years. 2011 will be the first year in which official coin sales will surpass domestic silver production in both countries.
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Thursday, January 05, 2012
How Gold Bullion Beat the Best Fund Managers / Commodities / Gold and Silver 2012
How a lump of gold bullion beat the City of London's brightest and best since 2007...
HOW QUICKLY time flies! The global financial crisis will mark its 5th birthday in 2012.
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Wednesday, January 04, 2012
Gold Price Facing Resistance Cluster / Commodities / Gold and Silver 2012
Right now my technical work is undecided as to whether gold and the SPDR Gold Shares (GLD) established THE corrective low on Dec 29 at 148.27. What I think I do know is that the upmove so far from 148.27 to today's high at 157.02 (+5.9%) has propelled the price structure into a very heavy cluster of resistance.
This resistance is represented by the simple and exponential 200-day moving averages, the prior Sep-Oct bottoming period, and my declining shorter-term EMAs of 14, 30 and 50 days.
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Wednesday, January 04, 2012
The Gold Bullet 2012 / Commodities / Gold and Silver 2012
Could 2012 be the year in which Chairman Bernanke will use the ultimate tool a government has, under a paper-money system, to combat deflation and weak economic growth by printing money to reduce the value of the dollar? It is certainly possible as all the other tools which he mentioned in his November 21, 2002 speech to the National Economic Club of Washington D.C. have been utilized. If one combs through that speech one sees that the tool of driving rates to zero has already been used up, the tool of buying government and MBSs securities, in order to cap longer term yields, has been used as well and so the only tool left could be to "print money and distribute it willy-nilly" as Mr Bernanke points out in his famous speech. *
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Wednesday, January 04, 2012
Precious Metal Investors Battered by Gold and Whipped By Silver / Commodities / Gold and Silver 2012
As we enter the New Year only the firmest of gold and silver investors are holding with serene assurance, as the gold and silver prices have been trending down for a couple of months.
Prices have softened again since our latest update on this issue, and thin markets over the festive period allowed relatively low levels of market activity to have an un-naturally significant effect on price direction. These things happen.
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Wednesday, January 04, 2012
Weak U.S. Dollar and Physical Demand Could Support Gold Price / Commodities / Gold and Silver 2012
THE SPOT MARKET gold price ticked down to below $1600 an ounce Wednesday morning – having earlier touched its highest level since before Christmas at $1612 – while stock and commodity markets also edged lower as the US Dollar looked to have ended its recent spell of weakness.
The previous day saw the gold price gain over 2.5% in thin trade, with the Dollar falling against other major currencies on Tuesday – before easing as Asian markets reopened.
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Wednesday, January 04, 2012
Gold Going to $3,000 - $10,000 in 2012! Here’s Why / Commodities / Gold and Silver 2012
Back in 2009 I began keeping track of those financial analysts, economists, academics and commentators who were of the opinion that it was just a matter of time before gold reached a parabolic peak price well in excess of the prevailing price. As time passed the list grew dramatically and at last count numbered 140 such individuals who have gone on record as saying that gold will go to at least $3,000 – and as high as $20,000 - before the gold bubble finally pops. Of more immediate interest, however, is that 8 of those individuals believe gold will reach its parabolic peak price in the next 12 months - even as early as February, 2012. This article identifies those 8 and outlines their rationale for reaching their individual price expectations.
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Wednesday, January 04, 2012
Gold and Silver Surge in First Trading Session of 2012 / Commodities / Gold and Silver 2012
The new year started off with a bang in the financial markets. Although many investors were cheerful of the big rally in the Dow Jones Industrial Average, precious metals out-shined the competition.
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Tuesday, January 03, 2012
Global Economic Stagnation Threat to Gold's Bull Market / Commodities / Gold and Silver 2012
WHOLESALE MARKET prices to buy gold rose Tuesday morning as dealers in London – heart of the world's professional bullion trade – returned from the New Year's holiday.
Gold recovered almost all of last week's 5% drop before edging back to $1592 per ounce – a price first reached in July 2011, when investment demand to buy gold jumped amid the worsening Eurozone debt crisis and a looming downgrade to the United States' credit rating.
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Tuesday, January 03, 2012
The Impetus for Gold Mania Phase / Commodities / Gold and Silver 2012
For gold to rise to levels significantly higher than the recent high of $1920, a new impetus is needed. Without additional energy from such an impetus, gold could just trade sideways for a very long time, or even fall further. See the following chart (from barchart.com):Read full article... Read full article...
Tuesday, January 03, 2012
Gold and Silver Major Bottom / Commodities / Gold and Silver 2012
Several Wall Street firms have recently published their gold price forecasts for 2012. Goldman Sachs predicts the price of gold will peak at $1,900 per ounce and average $1,810 per ounce in the coming year. Goldman attributes its bullish gold price outlook to further net buying by central banks and strong physical demand from investors, the ongoing negative real interest rate environment in the U.S., and continued European sovereign debt and global recessionary concerns.
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Tuesday, January 03, 2012
Gold 2012 Contracting Fibonacci Spiral / Commodities / Gold and Silver 2012
On holidays this week has definitely been interesting. The new term for investing in today's market should be coined “Volatility Investing”. Since most trading is done by computers with complex algorithms that when their stops are hit, cause mass liquidation. For this reason, everyone should know that the expected move expected in 2012 is going to be finite in price and time, not “To Infinity and Beyond”. When I first made the observation that the markets were following a Contracting Fibonacci Spiral, my first thoughts were that something must be overlooked in my mind. Further thinking on this topic over the past six months just makes one realize the entire Universe runs on mathematical principles at many levels and under different conditions...the collective human psyche is just another example.
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Tuesday, January 03, 2012
Gold GLD ETF Incredible Chart / Commodities / Gold and Silver 2012
They say a picture is worth a thousand words, one needs look no further than the chart below for that.
It’s a great example in the event that the market tops out and how to protect oneself and more importantly how to profit from that should it occur.
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Tuesday, January 03, 2012
Criminals Determine Gold's Future in 2012 / Commodities / Gold and Silver 2012
According to faulty interpretations of Mayan calendars, 2012 is supposed to bring with it the demise of humanity. Fortunately for us, this apocalyptic myth, like so many, is based on a superficial interpretation of the Mayan calendar. Like many stories based on a lie, this one nonetheless gains traction in the popular imagination thanks to our fascination with anything apocalyptic.
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Monday, January 02, 2012
Gold Bull Market Corrections / Commodities / Gold and Silver 2012
Here is an excellent review of the corrections in this gold bull market by my friend Brian at ContraryInvestor.com.
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Sunday, January 01, 2012
Calling the Bottom in Gold and Silver, Forecast 2012 / Commodities / Gold and Silver 2012
Now that my subscribers and I are fully into bullish positions in the precious metals sector, I hope they won't mind me telling you that I called for the bottom in Gold stocks on Thursday morning (12/29). I believe the bottom is in for silver, Gold and their respective stocks, although the metals may need a re-test of the bottom while I think Gold or silver stocks (as sectors) will only make higher lows on any corrective action.
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Friday, December 30, 2011
Further Gold Price Fall Seems Unlikely / Commodities / Gold and Silver 2012
We are on the cusp of a new year, and this is the time that we take a look at those brave (or foolhardy) financial analysts who take out their crystal ball and predict where precious metal prices will go in 2012.
But first let’s see how last year’s prognosticators (including Sunshine Profits) fared. We are talking about predictions for the very chaotic 2011.
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Friday, December 30, 2011
Should Gold Investors Worry About Euro Currency Weakness? / Commodities / Gold and Silver 2012
On Thursday, Italy sold 7.02 billion euros of longer-dated bonds in the country’s final debt sale of the year. Although the yield on the 10-year bond decreased to 6.98 percent from November’s 7.56 percent, there is still plenty of concern weighing on the euro. The struggling euro has given a boost to the U.S. dollar, which has weakened gold prices.
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Friday, December 30, 2011
Sell Gold or Will It Outperform Again in 2012? / Commodities / Gold and Silver 2012
In 2011 investors saw gold perform outstandingly in the quiet season in July, August. $2,000 looked a certainty before the end of the year, but then unusual forces pummelled the gold price and all other global financial markets. Shades of the credit crunch hit the markets under the title of the Eurozone debt crisis. This had been going on for the last two years, but it entered a very dangerous stage in the final quarter of 2011.
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Friday, December 30, 2011
Gold Nearing Downside Exhaustion / Commodities / Gold and Silver 2012
Although right now we only have anecdotal evidence that that SPDR Gold Shares (GLD) might be making a significant multi-month corrective low in the vicinity of 148.50/25, all of my timeframe work from 5 minutes through the enclosed daily suggest that the price structure is nearing downside exhaustion.
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